TAIPEI, TAIWAN – Unimicron reported fourth-quarter consolidated sales fell 20% to NT$10.26 billion (US$294 million), and the company is predicting first-quarter losses, according to DigiTimes.
Non-operating losses for the quarter were over NT$490 million (US$14 million), with NT$415 million in inventory depreciation and NT$80 million (US$2 million) in interest payments. The company reported over NT$120 million (US$3 million) in investment losses.
According to Tsai-Sheng Shen, company spokesperson, sales are predicted to climb in February, but remain stagnant in March. Total capex for 2009 will be drop to NT$2 to $3 billion (US$58 to $87 million), compared to NT$7.1 billion (US$203 million) in 2008. First-quarter utilization rate will be under 50%.